Search For "overseas bank"
RBI slaps SBI with monetary penalty
Updated : 8 years ago IST
New Delhi [India], Mar. 08 (ANI): The Reserve Bank of India (RBI) on March 1, imposed a monetary penalty of Rs. 40 lakh on State Bank of India (SBI) for non-compliance of its directions on detection and impounding of counterfeit notes.
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RBI charges fine on IOB over non-compliance with KYC norms
Updated : 8 years ago IST
Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty of Rs.20 million on Indian Overseas Bank for non-compliance with the directions issued by the former regarding Know Your Customer (KYC) norms.
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IOB repays debt of USD 500 million Medium Term Notes
Updated : 8 years ago IST
Chennai (Tamil Nadu) [India], Mar 1 (ANI): Indian Overseas Bank (IOB), on Thursday announced a successful repayment of USD 500 million (second tranche) of medium term notes (MTN) on the due date February 21, 2018.
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Rotomac case: 2919 cr. loan, here're the details of FIR
Updated : 8 years ago IST
New Delhi [India], Feb. 19 (ANI): The Central Bureau of Investigation (CBI) on Monday filed a case against Rotomac Pens owner Vikram Kothari and others, after early morning raids at his residence in Kanpur.
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Case of loan default, not fraud: Kothari's lawyer
Updated : 8 years ago IST
Kanpur (Uttar Pradesh) [India], Feb 19 (ANI): Rotomac Pens owner Vikram Kothari's lawyer Sharad Kumar Birla on Monday rejected reports of fraud committed by his client, adding that it was a case of loan default.
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After Nirav Modi, Kothari of Rotomac Pens on run?
Updated : 8 years ago IST
Kanpur (Uttar Pradesh) [India] Feb. 18 (ANI): If the reports emanating from Kanpur are to be believed then it seems a Punjab National Bank (PNB) like banking fraud case has taken place.
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Indian Overseas Bank participates in TReDS platform
Updated : 8 years ago IST
Chennai (Tamil Nadu) [India], Feb 16 (ANI): Indian Overseas Bank on Thursday entered into Trade Receivables Discounting System (TReDS) platform, provided by Receivables Exchange of India Limited (RXIL), to accelerate the credit flow to MSME sector.
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Indian Overseas Bank plans to increase its multi functional cash recyclers
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): Indian Overseas Bank on Tuesday announced its plans to set-up 704 more multi-functional machines like currency recyclers, instead of plain cash dispensing automatic teller machines (ATM) by March 2018 from its existing 400 across India before the financial ye
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Capital infusion reaffirms Centre's trust in PSBs: IOB
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 24 (ANI): Welcoming the Rs 4,694 crore-worth capital infusion from the government, the Indian Overseas Bank (IOB) on Wednesday said the designated amount will facilitate the bank to meet its regulatory requirements.
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IOB joins hands with National Housing Board
Updated : 8 years, 1 month ago IST
Chennai (Tamil Nadu) [India], Jan 23 (ANI): Leading Public Sector Bank (PSB), Indian Overseas Bank (IOB) on Tuesday announced a Memorandum of Understanding (MoU) with National Housing Bank for implementation of the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Develo
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InnoVen Capital appoints Ashish Sharma as CEO for India
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): Joint venture between United Overseas Bank Limited (UOB) and Temasek InnoVen Capital on Wednesday announced appointment of Ashish Sharma as Chief Executive Officer (CEO) for India, effective immediately.
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Daulat Ram College student molested by Indian Overseas Bank employee
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 18 (ANI): A student of Daulat Ram College (DRC) was allegedly molested today, by an employee of Indian Overseas Bank, located inside the college.
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